Markets

by | June 25, 2018 | 10:12

The Quill decision has been the source of ongoing controversy, and the state of South Dakota set out to test it. The court's 5-to-4 decision could have an impact on millions of Americans nearly immediately. "As Amazon has continued to thrive despite losing the obvious pricing benefit it used to have from not collecting sales taxes in its proprietary business, it remains to be seen if this new ruling will have any real impact on its third-party sales, or if the convenience for shoppers ...

by | June 25, 2018 | 09:27

Including previous loans and financing Greece is drawing on, eurozone officials said the country will have a buffer of 24.1 billion euros that cover its financial needs for about 22 months after the end of the program. "This is a very tight programme". "We'll have to see if the pledges will be kept, especially as they depend on worldwide developments as well", he said.

by | June 25, 2018 | 09:25

Speaking early Monday, Supreme Election Council head Sadi Guven said 97.7 percent of votes had been counted and declared Erdogan the victor. Muharrem Ince, the main opposition's presidential candidate, stood at about 30 percent nationwide, television channels said.

by | June 23, 2018 | 17:45

The news of the hack saw market prices responding with a significant number of coins, including Bitcoin , Ethereum, and Ripple, falling in value. Yesterday, on June 20, more than $10 billion was erased from the cryptocurrency market after Bithumb, South Korea's biggest cryptocurrency exchange was hacked.

by | June 22, 2018 | 23:49

At a combined $450bn worth of goods tariffed , the U.S. will have placed tariffs on all but 10% of the $505bn worth of goods imported from China in 2017. Gary Cohn, Mr Trump's former top economic adviser, said last week that a " tariff battle" could result in price inflation and consumer debt - "historic ingredients for an economic slowdown".

by | June 22, 2018 | 20:54

The European Autos Stocks Index fell sharply after Trump's 20 per cent tariff tweet and was last down 1.25 per cent. Ford Motor Co shares went into the red and were down 0.5 per cent, while General Motors Co shares were off 0.3 per cent. Most of the units imported from Germany are premium cars, which tells a lot about the position of American vehicle industry in the premium market. Economists noted that the amount of money involved with India's levies dwarfed in comparison with that of China ...

by | June 18, 2018 | 19:15

Munich prosecutors told the state-owned broadcaster that they swooped on Stadler over fears he might try to suppress evidence in the ongoing Dieselgate investigation. As of 2015, Audi has admitted to having utilized illegal cheat devices which manipulate their car's emissions with Stadler at the helm since 2007. The Munich public prosecutor's office said last week it was investigating 20 suspects, and that it had searched the apartment of Stadler and one other current board member.

by | June 17, 2018 | 23:12

The FBI leadership waited almost a month after receiving initial information about the laptop to reopen the investigation and notifying Congress about it, the IG report shows. Trump's lawyers will argue that the report's criticism of Comey makes it clear the President fired him for the right reasons - and the decision was not part of an effort to obstruct justice.

by | June 15, 2018 | 15:49

The average renter in Hawai'i earns $16.16 per hour, or $19.98 less than the "housing wage". Using the federal minimum wage of $7.25 an hour and national and statewide data on rental prices, researchers found that the average worker would have to put in 122 hours per week to afford a two-bedroom apartment at the national fair market rent, an estimate the government updates every year, usually based on the 40th percentile of the gross rent of a given area.

by | June 15, 2018 | 15:49

A report in the Wall Street Journal quoting sources close to the matter said Thursday evening the list had been approved and would affect about $50 billion worth of goods, the same figure that was first announced in March. "We're asking them to completely change who they are and we're shaking this little stick in front of them", said Derek Scissors, an expert on the Chinese economy at the American Enterprise Institute.

by | June 13, 2018 | 10:22

AT&T is known to most Americans as a cell phone service provider while Time Warner owns giant media brands such as the HBO movie channel, the Warner Brothers movie studio and CNN . Shares in entertainment companies and potential targets of new deals because of Leon's decision rose sharply - CBS shot up about 5 percent and Fox jumped 7 percent in after-market trading on hopes of a bidding war for it between Comcast and Disney.

by | June 13, 2018 | 09:40

It's also unclear if and when the United States will lift sanctions on Pyongyang, which has gone back on vows to denuclearize before. On top of that, experts say it's unlikely the North Korean dictator would allow his regime to shift in the way they sometimes do when an economy opens.

by | June 11, 2018 | 18:02

On Monday morning, cryptocurrency prices slumped following the news reports that Coinrail lost more than 40 billion in altcoins. Korea Internet & Security Agency, now carrying out the investigation with police, said only four of the country's largest exchanges are subject to the Information Security Management System certification (ISMS) requirement.

by | June 11, 2018 | 17:56

He rebuked Canadian Prime Minister Justin Trudeau for being "dishonest & weak" and making " false statements". "I have made it clear to the president that [imposing retaliatory tariffs] is not something we relish doing, but it's something that we absolutely will do", Trudeau said .

by | June 11, 2018 | 17:41

Trump has indicated he views the handling of ZTE as part of his administration's broader effort to renegotiate trade conditions with China. The deal also includes a new 10-year ban that is suspended unless there are future violations. China has vowed to retaliate on everything from US soybeans to airplanes, and said it will abandon its commitments if the USA follows through on its tariff threat.

by | June 10, 2018 | 17:06

The device has small dimensions - 4,2 2,6 m - and intuitive control. The firm even says it is now making the futuristic flying vehicle available for test flights for those interested in pre-ordering the auto. "Riders" will initially be limited to an altitude of just 3-10 feet above the water at speeds of up to 20 miles per hour, with an expected flight duration of 12-20 minutes.

by | June 08, 2018 | 18:39

The National Transportation Safety Board's preliminary report on the crash gives a second-by-second account of the Model X's behavior as it approached the exit from southbound USA 101 to Highway 85. A second later, the SUV began a "left steering movement" while still following the other vehicle. Tesla vehicles also have an automatic emergency braking feature that is created to slow a vehicle to avoid or lessen the impact of a collision.

by | June 06, 2018 | 10:52

Recent cut in fuel rates in India have come in the backdrop of continuous fall in global oil prices over the week. The main reason for the higher crude oil prices is the sustained production cuts by the Organization of the Petroleum Exporting Countries (OPEC).

by | June 05, 2018 | 16:12

He gave an extended interview to the New York Times in advance, with an interview on CNBC scheduled for Tuesday morning. Schultz supported Hillary Clinton and Barack Obama. For me the answer is very simple. The company was recently thrown into a round of controversy after two black men were arrested in one of its stores in Philadelphia while waiting for a friend.

by | June 05, 2018 | 16:01

German Chancellor Angela Merkel endorsed French President Emmanuel Macron's idea for a joint European defense force in a long Sunday interview with Frankfurter Allgemeine Sonntagszeitung . "Those are totally new notes from Mrs. Merkel". Merkel also said that a future EMF would be organized on an intergovernmental basis and national parliaments of member countries would have oversight.